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Chinese equities closed mixed Monday. The benchmark Shanghai Composite Index increased 1.72 points, or 0.06 percent, to end at 3,109.57. The Shenzhen Component Index dropped 27.95 points, or 0.22 percent, to close at 12,815.26. Combined turnover shrank to 218.72 billion yuan ($32.02 billion) from 254.60 billion yuan on the previous trading day. Sour...
Wind power could meet China's electricity demands through 2030 and cut carbon dioxide emissions in China by 30 percent, US and Chinese researchers said. China already is one of the world's major emitters of carbon dioxide, a leading greenhouse gas implicated by scientists in global climate change. China currently generates 792.5 gigawatts of electrici...
Most companies tend to reduce their spending during the economic slowdown. But US technology giant International Business Machines (IBM) seems to regard the downturn as a critical time to invest. Marc Chapman, general manager of IBM Global Business Services for the Greater China Group, said the demand for consulting has actually increased during the curre...
China Vanke, the country's largest property developer by market value, said Sunday that it raked in a net profit of 2.96 billion yuan ($433.38 million) in the first three quarters of this year, up 29.9 percent year-on-year. The company's business revenue in the first three quarters surged 31.1 percent year-on-year to 29.54 billion yuan, it said in the q...
The United States and China are in a head-to-head race to become the world's top market for solar power. Solar panel makers are wasting no time making plans to cash in on the growth promise of both markets despite the global recession. At the recent Reuters Global Climate and Alternative Energy Summit, Chinese and US solar companies including Suntech P...
The Chinese mainland and Taiwan yesterday agreed to start formal talks on signing an economic cooperation agreement by the end of this year. Wang Yi, director of the mainland's Taiwan Affairs Office, said both could exchange views on the deal in talks between the mainland's Association for Relations Across the Taiwan Straits (ARATS) and Taiwan's Strait...
More than 100,000 fireworks are set to dazzle tens of thousands of visitors the night of Oct 24 along West Lake and the Beijing-Hangzhou Grand Canal at the 11th Annual Hangzhou West Lake International Expo. Fifteen entities worked with the Hangzhou government to make the expo a success, including the United Nations World Tourism Organization, the National...
Hong Kong stocks gained 184.50 points, or 0.83 percent, to close at 22,384.96 on Tuesday. Turnover rose to HK$74.18 billion ($9.58 billion) from Monday's HK$60.63 billion ($7.8 billion). (Source: China Daily)
Port of Tallinn is the biggest port authority in Estonia and as far as both cargo and passenger traffic are taken into account, the biggest port on the shores of the Baltic Sea.
Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi
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